As the UK continues its ‘roadmap to recovery’, with all Covid restrictions planned to end by late June, how will the currency markets respond? Our friends at Smart Currency Exchange share some thoughts in their Quarterly Currency Forecast.
Each quarter, the major banks’ chief financial analysts predict how currencies will move over the coming months. Certainly, we are in a very different place to earlier in the year where the effects of Brexit and the rollout of vaccines were yet to be seen. Daily changes in exchange rates can significantly increase the cost of making an international payment. Planning ahead and getting the right advice on how best to transfer your money can make a big difference to the amount you receive on the other side of the transfer.
In this quarter’s forecast:
- Will vaccinations unlock the global economy this quarter?
- Economic and political factors to look out for in the UK, US, and Europe
- Brand new tables and charts – how are economies coping?
- Resources to help you buy a property post-Brexit
- GBP/USD, GBP/EUR and EUR/USD predictions from major banks for 2021
Smart Currency’s latest Quarterly Currency Forecast.
Smart Currency and The Fry Group
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Alternatively contact your Financial Planner at The Fry Group, who will be happy to arrange a free currency consultation with Smart on your behalf.